Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$18,370,000
Office Spaces
600 Assembly Ave 55 Vancouver, WA 98661-5594
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1717357
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1987
Construction
CONCRETE
Total area
161,436 SF
Lot
8.3 ac (361,548 SF)
Zoning code
IH : VAN
APN
037913-000
UPID
US90-1717357
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Maletis Beverage Big Box & Wholesale Store Distribution Center
-
K & S Recycling Industrial Consultant Paper Exporter
-
K&S recycling, receiving Warehouse & Storage
-
Evergreen paper company Corporate Office
-
Vanport Warehousing, Inc Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.37M
Owner & transaction history
Cbc 1 LLC · 19 yrs held
Cbc 1 LLC
since 2006
5 recorded transactions
Zoning & alternative use
IH : VAN · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Vancouver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vancouver submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$114 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$117,128
Tax year 2023
Assessed value
$12,553,400
Assessed 2023
Previous assessed
$11,412,200
+10.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$2,366,332
Assessed improvement
$10,187,068
Land market value
$2,366,332
Improvement market value
$10,187,068
Total market value
$12,553,400
Applied tax rate
10,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1987
Construction
CONCRETE
Heating
FORCED AIR
Stories
1
Total area
161,436 SF
Lot
8.3 ac (361,548 SF)
Zoning code
IH : VAN
APN
037913-000
UPID
US90-1717357
Jurisdiction
CLARK
Zoning & alternative use
IH : VAN · Vancouver, WA
Zoning IH : VAN · permitted uses
IH : VAN · Vancouver, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vancouver. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
CONCRETE
Heating
FORCED AIR
Stories
1
Lot
8.3 ac
Current owner
From public records · entity-resolved
Cbc 1 LLC
Entity
Mailing address
705 SE VICTORY AVE STE #108, VANCOUVER, WA 98661-8036
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2021
—
Cbc 1 LLC
—
Deed
related
—
Aug 2, 2006
$79,232,282
Cbc 1 LLC
Schnitzer Investment Corp
Special Warranty Deed
$113,475,000 · Greenwich Capital Financial Products INC
Jan 23, 2003
—
Schnitzer Investment Corp
Vancouver City (wa)
Quit Claim Deed
related
—
Jul 26, 2001
—
Schnitzer Investment Corp
—
Deed Of Trust
related
$24,000,000 · Prudential Insurance Co
Jan 24, 1997
$622,418
Schnitzer Investment Corp
Hayden Corporation
Grant Deed
$15,000,000 · Prudential Insurance Of Americ
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 600 Assembly Ave, Unit 55?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
